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The contract which are based on principle of equity, justice and good conscience are _______.
  • a)
    Contingent Contract
  • b)
    Quasi Contract
  • c)
    Anticipatory Contract.
  • d)
    Wagering Contract.
Correct answer is option 'B'. Can you explain this answer?
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The contract which are based on principle of equity, justice and good ...
A quasi contract is a contract that is created by a court order, not by an agreement made by the parties to the contract. For example, quasi contracts are created by the court when no official agreement exists between the parties, in disputes over payments for goods or services.
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The contract which are based on principle of equity, justice and good conscience are _______.a)Contingent Contractb)Quasi Contractc)Anticipatory Contract.d)Wagering Contract.Correct answer is option 'B'. Can you explain this answer?
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